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to happen in greece and we don't know what's going to have in the euro zone and the energy needs in china and india and industrialized nations. what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia because if you look at thinge a greg gat euro zone debt, and you have political stability back now that the new team is in place so the volatility and the instability factors that are outside have reduced. the real threat that we have at the moment is really here with us and that can be addressed. >> but when you look at, i mean i understood that the european banks had sort of downsized or downgraded what they thought would be growth. you've got more than 11% unemployment in the euro zone, which is a good deal higher than here. >> yeah yeah. >> are those things threats to the u.s. economy or do you think the u
to happen in greece and we don't know what's going to have in the euro zone and the energy needs in china and india and industrialized nations. what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia...
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china's numbers have improved lately, and you have political stability back. so the volatility of the instability factors that are outside have reduced overtime. the real threat that we have is here, with us, and that can be addressed. >> but when you look at -- i understand that bangs being downsides our down afraided, you have more than 11% unemployment in the euro zone, which is a good deal higher than here, are those things threats to the u.s. economy, or do you think it is now destabilizing, or has the potential to destabilize the world economy? >> i think because it is relatively closed, it trades with itself and immediate neighbors, is less vulnerable to what happens outside, for instance in europe. but, the consequences would be relatively minor. it is more exposed to it's own difficulties, and it's own issues, than to what happens elsewhere in the world, because it is such a large player. >> so we're our own 5,000 pound gor ri gorilla. >> let me ask you as a final question, january 2nd arrives, no deal, what will we notice first? >> lack of citizen, m
china's numbers have improved lately, and you have political stability back. so the volatility of the instability factors that are outside have reduced overtime. the real threat that we have is here, with us, and that can be addressed. >> but when you look at -- i understand that bangs being downsides our down afraided, you have more than 11% unemployment in the euro zone, which is a good deal higher than here, are those things threats to the u.s. economy, or do you think it is now...
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. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long tim whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest index of them b.t.
. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long tim whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest...
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Dec 15, 2012
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china with a knife with 22 injured children. not dead. that's the difference. in the united states we have 9,000 people killed with guns last year in similar countries like germany, 170 and canada 150. there is a reason for that. >> what would you like to see in terms of specific gun control? >> there a number of pieces of legislation we have been pushing. no reasonable gun owner who is a sportsman can object to bans on assault weapons made only to kill as many human beings as possible like in a military situation. no one can object to a ban on the sale of large ammunition clips so you can't reload. no one can object to microstamping of card ridges to trace the murder weapon. no one can object to eliminating the gunshot exception so even if you buy a gun at a gun show, they still have to check your background to make sure they are not selling to someone on a terrorist watch list or mentally unstable person or a felon. those ares we should do. >> we had a heated debate on a previous incident. two things happened in 1996. athere w
china with a knife with 22 injured children. not dead. that's the difference. in the united states we have 9,000 people killed with guns last year in similar countries like germany, 170 and canada 150. there is a reason for that. >> what would you like to see in terms of specific gun control? >> there a number of pieces of legislation we have been pushing. no reasonable gun owner who is a sportsman can object to bans on assault weapons made only to kill as many human beings as...
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Dec 12, 2012
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here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the world buying assets because the returns are a lot better. so a lot of this activity does not concern me, but some of it does because you see in certain acquisitions like a one to three systems, the battery maker, the canadian oil sands producer. they're looking for technology. and some of this technology has defense applications, like this battery maker they're buying this stuff up. that is something we have to be concerned about and should stop. tracy: do you worry -- we ha an election. there are new people leading. you worry that the new leaders will make this even worse? >> th
here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the...
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Dec 16, 2012
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. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long time. whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest index of them b.t.
. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long time. whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest...
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by 2030, china will be the largest economy. they base it on the size of the economy, population, military spending, and investment in technology. >>> our fourth story, selling a fix. with just 2 d2 days until the fiscal cliff kicks in and we all go sailing off. we're hearing a lot of talk between the president and house speaker. apparently, these are behind closed doors because they're talking over or at or something not good at each other. here is president obama in detroit on his plan to raise taxes on families making more than $250,000 a year. >> that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks. >> is the tough talk road show working for the president tonight? ben is a former press secretary for the obama campaign. he had a vacation that's why he looks healthy now. and republican strategist terry holt. good to see both of you. terry, i want to start with you. the most recent poll we have says by a margin o
by 2030, china will be the largest economy. they base it on the size of the economy, population, military spending, and investment in technology. >>> our fourth story, selling a fix. with just 2 d2 days until the fiscal cliff kicks in and we all go sailing off. we're hearing a lot of talk between the president and house speaker. apparently, these are behind closed doors because they're talking over or at or something not good at each other. here is president obama in detroit on his...
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, not to give our business to china. that's a constant tension. we have a lot of companies that want to be active and integrate with chinese companies. in every one of three cars on our road, they have a part. in terms of the committee, foreign investment in the u.s., the arm of the treasury making this decision, a source told me following this closely told me they will be coming up with their decision within the next week, and if there's red flags they'll take a second review that will last 45 days. it's up to the obama administration and they're going to take a look a lot of heat about where the stimulus dollars went, why the company failed, and why we actually let companies come in owned by the chinese and rescue ailing companies when we need the jobs like you said here. >> there was an american company wanting to buy it, to keep the technology here at home where we need it. a.b., do you remember the first time we heard about this committee? >> oh, no. >> january of 2006. >> oh, yeah. that's so long ago, i don't even
, not to give our business to china. that's a constant tension. we have a lot of companies that want to be active and integrate with chinese companies. in every one of three cars on our road, they have a part. in terms of the committee, foreign investment in the u.s., the arm of the treasury making this decision, a source told me following this closely told me they will be coming up with their decision within the next week, and if there's red flags they'll take a second review that will last 45...
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china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you something from the report, in the tectonic shift, asia will have surpassed north maeshg and europe combined in terms of global power, based upon gdp, population size, military spending and technological spending. china alone will probably have the largest economy, surpassing that of the united states a few years before 2030. people because of technology, people really have more power than they've ever had before, individuals have more power an that can also cause problems with, you know, people using technology for ill means. >> is this the whole report? >> the 140-page rundown. i'm sure the president gets a bigger one. >> this is an intelligence report. >> yes. >> why on earth would anyone buy a jillion doll
china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you something from the report, in the tectonic shift, asia will have surpassed north maeshg and europe combined in terms of global power, based upon...
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even china expressed regret at the move. the obama administration condemned it as a provocative act and will likely ask the u.n. security council to impose crippling sanctions. the pentagon following developments this morning. chris lawrence there. what do you know, chris? >> right now, officials say that object that north korea put into orbit, monitoring it, analyzing it, but they confirm it is in orbit. why is that important? the same technology you would use to put into orbit is the same technology you use to develop long-range ballistic missiles, the u.s. condemned this act. they are worried about the marriage of north korea's nuclear weapons with this long-range missile technology. this is the type of missile that if it was successful, as it appears to be, could reach parts of the united states, alaska, u.s. military bases in hawaii. but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would
even china expressed regret at the move. the obama administration condemned it as a provocative act and will likely ask the u.n. security council to impose crippling sanctions. the pentagon following developments this morning. chris lawrence there. what do you know, chris? >> right now, officials say that object that north korea put into orbit, monitoring it, analyzing it, but they confirm it is in orbit. why is that important? the same technology you would use to put into orbit is the...
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to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great reporting. when we return, let me finish with the ultimate triumph this year. believe it or not, of truth. you're watching "hardball," the place for politics. >>> let me finish tonight with this. memory is a fascinating thing. what we choose to hang on to, what hangs on in our mind, no matter what we choose. if you're like me, you remember the big ones. you remember the president's bad night in that first debate. actually, that's one i tried hard to get out of my mind. it's punishing just to think about. you remember the oddness of watching mitt romney stand in fr
to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great...
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china, obvioussy, has plans to fix all of that with a little help from the american taxpayer and, of course, the president. wile we focus on the fiscal cliff negotiations, or more appropately the iasse many our state governments aren't in much better shape. state pensionsystems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almt $4 trillion. leading is california witmore than $370 billion in unfunded pension liabilities, only 47% are currently fued. a pension debt per household in california of aost $30,000. illinois close behind, $167 billion in unfundedliabilities, 28% funded, and th state pension debt per household amounting to over $34,000. in municipal bonds illinois sold over $5illin bonds this year making it the third biggest debt issuer in the first tee arters this year. california and new york, numbers e and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory fctor, author of can the bestseller, "shadow boxes: government nioos cont
china, obvioussy, has plans to fix all of that with a little help from the american taxpayer and, of course, the president. wile we focus on the fiscal cliff negotiations, or more appropately the iasse many our state governments aren't in much better shape. state pensionsystems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almt $4 trillion. leading is california witmore than $370 billion in unfunded pension liabilities, only 47% are currently fued. a pension...
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to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great reporting. when we return, let me finish with the ultimate triumph this year. believe it or not, of truth. you're watching "hardball," the place for politics. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together
to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great...
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and you're going to see india, its growth by 2030, will be like china is today. that will be that big, huge democracy. >> before anybody's freaking out and transferring their children into all mandarin-speaking schools, we are not going to be in dire straits. we are still going to be a big influence in the global landscape, right? >> absolutely. you're going -- absolutely, no question. but it's going to be, well, one of the quotes from the story is basically that the pacs americana will be over and you're going to see not that one power dominating everything, it's going to be middle classes around the world and more of a balanced power around the world. one thing that's interesting about this, you will have competition for jobs that will create middle classes. it will be pressure on western countries and their middle classes. because around the world, you've got hundreds of millions of people who will be coming up out of poverty, who will want to be in the middle class and have the technology to do those jobs that are we're doing now. >> there's a great read in "
and you're going to see india, its growth by 2030, will be like china is today. that will be that big, huge democracy. >> before anybody's freaking out and transferring their children into all mandarin-speaking schools, we are not going to be in dire straits. we are still going to be a big influence in the global landscape, right? >> absolutely. you're going -- absolutely, no question. but it's going to be, well, one of the quotes from the story is basically that the pacs americana...
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you have these leadership changes in china and japan next week, and it gives them a leg up in coming back to the negotiating table as a stronger country because they've demonstrated this long-range technolo technology. >> so you look back at april and the embarrassing failed launch. it has a lot of people wondering how this successful launch could come so quickly on the heels of the other, and it also has people asking who may be helping north korea at this time. obviously, iran enters into the picture when people do discuss this. is this something that is a game change for us in terms of how to deal with north korea and iran at the same time? >> i think it's a pretty big deal. the april launch was not successful, but if you track their launches going back to 2006, the 2006 and particularly the 2009 tests were fairly successful. so the fact that this one came about, whatever happened in april was something, some mechanical problem was catastrophic, but this test was clearly a success. yes, there is cooperation between iran and north korea. every north korean missile that they have pr
you have these leadership changes in china and japan next week, and it gives them a leg up in coming back to the negotiating table as a stronger country because they've demonstrated this long-range technolo technology. >> so you look back at april and the embarrassing failed launch. it has a lot of people wondering how this successful launch could come so quickly on the heels of the other, and it also has people asking who may be helping north korea at this time. obviously, iran enters...
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we do know that china will be the biggest leading. >> china. china. >> it's clear that china is a competitor and a partier. >> number four, europe. the european union was fractured by too much debt approximate the austerity plans to fix it. that saga is far from other. >> number three, the housing market finally bottomed out. low home prices and record low mortgage rates set off a building and buying spree. investors were buying neighborhoods and first time buyers were able to get a home of their own for the first time in years as long as they had a hefty down payment. >> and barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. bye dad. drive safe.
we do know that china will be the biggest leading. >> china. china. >> it's clear that china is a competitor and a partier. >> number four, europe. the european union was fractured by too much debt approximate the austerity plans to fix it. that saga is far from other. >> number three, the housing market finally bottomed out. low home prices and record low mortgage rates set off a building and buying spree. investors were buying neighborhoods and first time buyers were...
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apple makes $100 billion but apple employs more people in china than it does in america. that to me is wrong. >> now, there is a globalization aspect to this and what i don't want to do is tell a company like apple look, you can't be a global business anymore because you've got to bring it all back to america. that's not what this is about. i do think this moral capitalism line which howard schultz at starbucks came up with is a strong one, actually. i always believed that the american public would reward companies like apple by going to buy the products if they made them here and they would actually be proud at buying an ipad or iphone that had made in the usa on it more than they would if they see made in china. >> but there are two elements to that. part of it is the moral capitalism and you can debate that on both sides of it. but the other part of it, are we educating enough kids who can do those jobs and compete on a global marketplace. >> that's what he said, the problem is more training than the cost of doing it. but apple can afford to train people. >> apple can
apple makes $100 billion but apple employs more people in china than it does in america. that to me is wrong. >> now, there is a globalization aspect to this and what i don't want to do is tell a company like apple look, you can't be a global business anymore because you've got to bring it all back to america. that's not what this is about. i do think this moral capitalism line which howard schultz at starbucks came up with is a strong one, actually. i always believed that the american...
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and what keeps them china. and it is such and important one. china is a tough relationship. it remained me of a game of chess. if you want to talk to them about human rights. then you are going to have to take something else off the table. you have to move formed in a way. it is an opportunity. >> it is kushl. china is important and the place that every one has to look to for guidance and all of these issues. the question here is can we believe that china is over the situation or are they behind the scenes and if they are, we are in big trouble. if we go to war ever there, we won't be able to finance it. we have $16 trillion in debt. back to the fiscal cliff that we went by. >> it jumped the shark. i'm cutting you all off. carole, abbey and charles. thank you. you have been one of the liveliest panels that i have had since yesterday. astronaut marketly up next. [ nurse ] i'm a hospice nurse. britta olsen is my patient. i spend long hours with her checking her heart rate, administering her medication, and just making her comrtable. one night britta told me about a tradition i
and what keeps them china. and it is such and important one. china is a tough relationship. it remained me of a game of chess. if you want to talk to them about human rights. then you are going to have to take something else off the table. you have to move formed in a way. it is an opportunity. >> it is kushl. china is important and the place that every one has to look to for guidance and all of these issues. the question here is can we believe that china is over the situation or are they...
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is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than a few mentions in the presidential campaign. probably because it's pretty clear china is boast a competitor and a partner. >> number four, europe. the european union was frared by too much debt and the austerity plan to fix it. that saga is far from over. number three, the housing market, finally, finally bottomed out. the combination of low home prices and continued record-low mortgage rates set off a building and buying spree. well heeled investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years, as long as they had a hefty downpayment. >> number two. >> cnn projects barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism, spending and cutting, about what kind of role
is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than a few mentions in the presidential campaign. probably because it's pretty clear china is boast a competitor and a partner. >> number four, europe. the european union was frared by too much debt and the austerity plan to fix it. that saga is far from over. number three, the housing...
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nobody here -- are they going to break china? >> probably not unless there's a greater scandal that brings a lot of stuff to light. this is the way the republicans organize their consultants. it's a monopoly even in the polling industry, they have two pollsters who do 75%, 80% of their business. that was a big part of the problem in the last cycle. >> maria? >> more in memory of jenni rivera who passed away. incredible supporter of the latino community. we're going to miss her. >> two friends got married this weekend, congratulations. >> you are in that wedding zone. >> fascinating recap of the convention. that's from all the campaign managers last week. it's going to be out in the book in a week. >> i love that. it's always a fun book. oral history of -- >> oral history. >> it always is. that's it for this edition of "the daily rundown." see you here tomorrow. chris jansing is next.
nobody here -- are they going to break china? >> probably not unless there's a greater scandal that brings a lot of stuff to light. this is the way the republicans organize their consultants. it's a monopoly even in the polling industry, they have two pollsters who do 75%, 80% of their business. that was a big part of the problem in the last cycle. >> maria? >> more in memory of jenni rivera who passed away. incredible supporter of the latino community. we're going to miss...
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they would lean towards china. trouble was, how to contact a regime whose very existence the united states denied. >> we came up with the idea that our ambassador in warsaw should walk up to the chinese ambassador at the next social event in which they were both present and ask for a meeting. and say we wanted to talk. >> this is like a spy thriller. >> absolutely. so there was a fashion show. our ambassador walked over to the chinese and our ambassador chased him down the hallway and finally cornered him long enough to say we wanted to talk. two weeks later, a chinese car flying a chinese flag arrived at our embassy and the ambassador said okay, i'm ready to talk. >> but the meetings led to little progress. in the summer of 1969 with lower bureaucratic channels broken down. kissinger and nixon devised a plan to go straight to the top, right to chairman mao. during a trip of pakistan, they asked yaya kahn to arrange the chinese connection. >> nothing happened for six months, then we got a message from the chinese v
they would lean towards china. trouble was, how to contact a regime whose very existence the united states denied. >> we came up with the idea that our ambassador in warsaw should walk up to the chinese ambassador at the next social event in which they were both present and ask for a meeting. and say we wanted to talk. >> this is like a spy thriller. >> absolutely. so there was a fashion show. our ambassador walked over to the chinese and our ambassador chased him down the...
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was laid off in 2010 from work, cindy then took time off work to care for the baby they adopted from china, and they were hoping to adopt another child, but finances were tight and so on. now of course they can afford to do all this. but they seem very decent, i say ordinary, i don't mean ordinary in any kind of negative way, i just mean regular americans. >> yes. they are very grounded. they have strong bonds with their family. they really enjoy their family. they will definitely take care of their family now. >> let's play a little clip, this is of cindy, who bought the ticket, at the press conference earlier. >> i didn't have my glasses and i was thinking is that the right numbers, is that the right numbers? and i was shaking and i called my husband, i said i think i'm having a heart attack, god blessed us with this. and for some reason, he put it in our hands. i think to make sure that it goes to the right things. and -- but we were blessed before we ever won this. >> how do you guys find out about this, walt? >> since we're pretty familiar in the community, several people in the commu
was laid off in 2010 from work, cindy then took time off work to care for the baby they adopted from china, and they were hoping to adopt another child, but finances were tight and so on. now of course they can afford to do all this. but they seem very decent, i say ordinary, i don't mean ordinary in any kind of negative way, i just mean regular americans. >> yes. they are very grounded. they have strong bonds with their family. they really enjoy their family. they will definitely take...
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Dec 11, 2012
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china's m.o. is this. they basically buy american companies, strip them of technology and ship the jobs to china. case in point would be brantley helicopter. used to be in texas. 2009 china buys it. now all the production facilities are in jindao. this is the problem. the promise to keep the plant going. now a-123 is interesting. they have cutting edge technology which will be exported to china. that's the bigger issue. one company at a time, larry, is going over to china, helping to build their industrial base. and the other thing -- >> hang on a second. this is an important point. ann lee, i'd like to get something from this. okay? if the u.s. foreign investment advisory board okays the deal, fine. but they counterfeit our goods. the chinese have a lot to answer for. shouldn't we make a deal? we let them buy the company but we should make a deal and they should somehow stop all the pirating of our technology? >> i think the chinese government is already trying to crack down on counterfeiting and other th
china's m.o. is this. they basically buy american companies, strip them of technology and ship the jobs to china. case in point would be brantley helicopter. used to be in texas. 2009 china buys it. now all the production facilities are in jindao. this is the problem. the promise to keep the plant going. now a-123 is interesting. they have cutting edge technology which will be exported to china. that's the bigger issue. one company at a time, larry, is going over to china, helping to build...
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Dec 11, 2012
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-china cooperation. a negative scenario would be where the two countries start working at cross purposes with each other and cannot communicate, cannot resolve the problems that exist between them. that would be something we seriously have to be concerned about. >> donald, so, i mean, okay. there is all the talk and maybe mutual interest and cooperation and there's talk about china catching or surpassing the united states as a superpower in the world, whatever that means. when you look at what that's meant for the u.s., you have troops, military bases, tangled up in geo political stuff across the globe. what kind of superpower does china want to be? >> well, china does not in my opinion want to be the kind of superpower that we normally think of in a military and strategic sense when we use that term. actually, the report that just came out said that the u.s. would remain dominant as the leading power in 2030. it was not as if -- it is not if the chinese are seeking or will replace the united states. tha
-china cooperation. a negative scenario would be where the two countries start working at cross purposes with each other and cannot communicate, cannot resolve the problems that exist between them. that would be something we seriously have to be concerned about. >> donald, so, i mean, okay. there is all the talk and maybe mutual interest and cooperation and there's talk about china catching or surpassing the united states as a superpower in the world, whatever that means. when you look at...
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Dec 26, 2012
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is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l pirti byewee o le3% to a f owfo t utestates. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its first day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the stock which has yet to climb back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo, who announced she was just going to take a two-week maternity leave as she tried to turn the company around. looks like a mother's touch is just what yahoo needed. >> number six, mother nature. a drought in the midwest that scorched the corn and bean crops. who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and wh
is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l pirti byewee o le3% to a f owfo t utestates. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its first day as a trading company. questions about nasdaq and the company's ability to make money on mobile users...
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Dec 10, 2012
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more departure of high-tech immigrants from the united states returning home to china. lou: democrats to feed the stap act, science, technolgy, enneering, and mathematics. immigrants into this country who deserve it and to we desperately want to have your while we throw open our borders and our airports to people who are, for the most part, the majority of those illegal imigrants are not even high-school educated, lacks skills, like education. my god. and they doso rejecting that law, that bill and prevent it from becoming law because they want to have a lottery. for crying out loud. the absurdities compound themselves. >> in general we have to recognize that the individual entrepreneur with special skills and contributions to american produce all the jobs, and they are the ones who are getting rich, who are punished by any increase in marginal tax ates. the already rich -- lou: what about the young man or woman in this country whois not an entrepreneur, is not a big shot, is not in middle management in a big corporation. they won a break. they won an opportunity. they
more departure of high-tech immigrants from the united states returning home to china. lou: democrats to feed the stap act, science, technolgy, enneering, and mathematics. immigrants into this country who deserve it and to we desperately want to have your while we throw open our borders and our airports to people who are, for the most part, the majority of those illegal imigrants are not even high-school educated, lacks skills, like education. my god. and they doso rejecting that law, that bill...
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Dec 31, 2012
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. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. >>> number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >>> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >>> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it until after the election. had they
. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. >>> number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a...
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Dec 10, 2012
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advantageous platform for manufacturing other than for china. stuart: do you think many of these jobs will come back, many of them will come back to america? >> many of them will come back to the u.s. austin consulting group says in 2015 you'll see seven industries it will be cheaper to manufacture in the u.s. than china and all sorts of manufacturing deals here. >> what. >> transportation costs are lower. delivery to market is slashed. energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have facilities with robots it's just as cheap orrer than a robot in shin sheng. you wait a minute how come you're so wrong, china hasn't
advantageous platform for manufacturing other than for china. stuart: do you think many of these jobs will come back, many of them will come back to america? >> many of them will come back to the u.s. austin consulting group says in 2015 you'll see seven industries it will be cheaper to manufacture in the u.s. than china and all sorts of manufacturing deals here. >> what. >> transportation costs are lower. delivery to market is slashed. energy prices are much cheaper. your...
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Dec 9, 2012
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that's not going to cure our trade sef sit with china. we need to save more in this country and we deed to get a handle on this great big debt bomb that we've got out there if you want to soothe that problem. ronald reagan didn't get into any war. we had a police action in eight years. that was it. yeah, you've got to be strong, maintain a strong national defense, fight against budget cuts and so forth, but unless there's a very large national interest involved sometimes it's very counterproductive to engage in these overseas events. that would be the worst thing in the world we could do in my opinion. we should support the syrian opposition politically, diplomatically, economically, but not militarily brks but that's a slippery slope once you get into it. >> not even no-fly zone? >> when you do that, you have to take out the anti-aircraft batteries at risk. his government is going to fall. i think the policy that the administration is following on syria is absolutely the right policy to follow and i think the american people are going to
that's not going to cure our trade sef sit with china. we need to save more in this country and we deed to get a handle on this great big debt bomb that we've got out there if you want to soothe that problem. ronald reagan didn't get into any war. we had a police action in eight years. that was it. yeah, you've got to be strong, maintain a strong national defense, fight against budget cuts and so forth, but unless there's a very large national interest involved sometimes it's very...
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Dec 24, 2012
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we just said he was in china. he was in china just 15 minutes ago. there are 1.3 billion people. santa has managed to gift every one of those people there and now he's in the philippines. kids, get ready. get the milk and cookies going. we'll be right back. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations
we just said he was in china. he was in china just 15 minutes ago. there are 1.3 billion people. santa has managed to gift every one of those people there and now he's in the philippines. kids, get ready. get the milk and cookies going. we'll be right back. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. make a...
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Dec 11, 2012
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wisconsin company over to china. virginia lightbulb company to china. g.e. lost 34,000 jobs in this country. >> bob: how many companies send them to china. >> eric: why are they spending snell cheap labor. you told me union brings the cost up for everyone. number two, they are tacking the beegeezes out of companies here. of course they go overseas. >> bob: you say it's the highest tax rate for corporations here? misnomer. >> dana: highest in the free world. >> bob: deductions they pay less than other countries. >> dana: what he meant is poverty in china is outrageous. they respect people's skills but they don't respect their opinions so they fall completely short. we should do more to help improve the human rights situation. >> eric: you talk about the greatness of the union move in the the "a" block. if you unionize china would they have any growth whatsoever at all? if you slap minimum wage on chinese worker what would happen? >> bob: do there what robert barrons did here, murder, maim union people. >> greg: oi vey. >> bob: yeah, right. if you sit back the
wisconsin company over to china. virginia lightbulb company to china. g.e. lost 34,000 jobs in this country. >> bob: how many companies send them to china. >> eric: why are they spending snell cheap labor. you told me union brings the cost up for everyone. number two, they are tacking the beegeezes out of companies here. of course they go overseas. >> bob: you say it's the highest tax rate for corporations here? misnomer. >> dana: highest in the free world. >> bob:...
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Dec 12, 2012
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lou: general electric ceo jeffrey immelt said that -- is good for china, here he is on bloomberg tv. >> but, their government works. you know they get things done, they have 5 year plans, i tell our team, read the 12-5 year plan, the segment we're in what they are doing makes since in the chinese context. lou: remind you, immelt is president of the president's job council. new government data suggests that a massive exodus from high tax state of california. california lost 100,000 more residents than it gained last year, more going to more business-friendly. business-friendly, states like texas. and california public employees have highest salaries in the 12 most populous state, earning on average $60,000 a year. >> major victory for gun rights advocates, a court struck down a ban on carrying weapons in the state of illinois, they rule that ban is unconstitutional. >> former nfl commissioner paul tag leah buhas overturned the saints suspension. he found three of the four engaged in conduct but said that the coaches and front office are to blame. for what he called the cash for hits p
lou: general electric ceo jeffrey immelt said that -- is good for china, here he is on bloomberg tv. >> but, their government works. you know they get things done, they have 5 year plans, i tell our team, read the 12-5 year plan, the segment we're in what they are doing makes since in the chinese context. lou: remind you, immelt is president of the president's job council. new government data suggests that a massive exodus from high tax state of california. california lost 100,000 more...
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Dec 23, 2012
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does that mean those lights do come from china? he doesn't say. the correct answer to our gps challenge is c, in 2007, a russian submarine planted that nation's flag under the north pole. it is made of rust-proof titanium and just a few months ago, a russian orthodox bishop went and gave a special blessing to the top of the world. the russians might think they're being nice, but other nations with claims up there feel that russia's behavior is really quite naughty. don't forget viewers in the united states can catch our latest gps special tonight, it's called "tough decisions" it examines how major decisions are made in everything from national security to business, to family affairs. it airs tonight at 8:00 p.m. and 11:00 p.m. eastern and pacific, don't miss it. thanks to all of you for being part of my program this week, i will see you next week. >>> hello i'm miguel marquez with a check of our top stories. the national rifle association says no to new gun laws. the group's ceo, wayne la pierre appeared on "meet the press," he said bans on assau
does that mean those lights do come from china? he doesn't say. the correct answer to our gps challenge is c, in 2007, a russian submarine planted that nation's flag under the north pole. it is made of rust-proof titanium and just a few months ago, a russian orthodox bishop went and gave a special blessing to the top of the world. the russians might think they're being nice, but other nations with claims up there feel that russia's behavior is really quite naughty. don't forget viewers in the...
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now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new york stock exchange. and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly the
now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new...
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. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with econ
. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck...
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Dec 13, 2012
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abby, you lived in china. china is pivotal, there in syria, with iran. everybody is looking to china for leadership. >> and let's be clear. north korea, all they really have is military power. and what keeps them afloat? china. we're talking about our relationship with china. and it's such an important one. this signifies the magnitude of importance here. china is a tough relationship. it reminds me of a game of chess. it's not a game of checkers. you have to think ten steps ahead when dealing with china. if you want to talk about human rights, you're going to have to take something else off the table. so, you have to move forward in a way that we can work with china. it's a challenge. but it's also potentially an opportunity. >> it's crucial. carol, china is pivotal economically, increasingly militarily, politically, certainly. it is the place that everyone has to look to for guidance and leadership on all these issues. >> right. and i think the big question here is, can we believe that china really is all up in arms, please excuse the pun, over the sit
abby, you lived in china. china is pivotal, there in syria, with iran. everybody is looking to china for leadership. >> and let's be clear. north korea, all they really have is military power. and what keeps them afloat? china. we're talking about our relationship with china. and it's such an important one. this signifies the magnitude of importance here. china is a tough relationship. it reminds me of a game of chess. it's not a game of checkers. you have to think ten steps ahead when...